Media headlines about Mulesoft (NYSE:MULE) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mulesoft earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.2630041271984 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
A number of equities research analysts recently weighed in on MULE shares. Goldman Sachs Group upgraded shares of Mulesoft from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $24.00 to $26.00 in a report on Monday, October 9th. Piper Jaffray Companies reissued a “buy” rating on shares of Mulesoft in a research report on Tuesday, October 24th. Canaccord Genuity raised shares of Mulesoft from a “hold” rating to a “buy” rating and raised their target price for the company from $24.00 to $29.00 in a research report on Monday, October 23rd. Oppenheimer reissued a “buy” rating and set a $30.00 target price on shares of Mulesoft in a research report on Wednesday, January 3rd. Finally, Barclays raised their target price on shares of Mulesoft from $24.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. Mulesoft currently has an average rating of “Hold” and a consensus target price of $28.00.
Mulesoft (NYSE:MULE) traded down $0.29 during mid-day trading on Friday, reaching $24.40. 534,220 shares of the company were exchanged, compared to its average volume of 1,165,945. Mulesoft has a one year low of $19.40 and a one year high of $29.00.
Mulesoft (NYSE:MULE) last released its earnings results on Thursday, October 26th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.04. The company had revenue of $77.60 million during the quarter, compared to analysts’ expectations of $71.52 million. Mulesoft had a negative net margin of 25.84% and a negative return on equity of 49.63%. Mulesoft’s revenue for the quarter was up 57.1% compared to the same quarter last year. analysts anticipate that Mulesoft will post -0.64 earnings per share for the current fiscal year.
In other Mulesoft news, Director Mark C. Burton sold 6,573 shares of Mulesoft stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $23.60, for a total transaction of $155,122.80. Following the completion of the sale, the director now directly owns 6,573 shares in the company, valued at approximately $155,122.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary Little sold 21,826 shares of the business’s stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $24.21, for a total transaction of $528,407.46. The disclosure for this sale can be found here. Insiders sold a total of 821,313 shares of company stock valued at $18,974,208 over the last quarter.
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Mulesoft Company Profile
MuleSoft, Inc is engaged in providing a software platform that connects a range of technologies. The Company enables organizations to manage and secure the flow of data between all systems in the enterprise. The Company offers organizations to create agile infrastructures. The Company has developed Anypoint Platform.
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